Green building owners and/or green building property managers are often are unaware that insurance premium discounts of between 25%-40% can be applied to their green building insurance policy.  That is a tremendous savings that insurance agents and brokers are hesitant to disclose as it reduces commission. 

Insurance Companies such as Fireman's Fund Insurance Company automatically apply a 5% discount to green building insurance policies.  This discount recognizes the reduction in risk due to the features of a green building.  In addition, insurance company underwriters have authority to lower premium by applying individual risk premium modification discounts (IRPM).  Newer contstruction, effective property maintenance, management experience and quality of building materials are examples of IRPM discount categories.  Given such criteria, virtually all green buildings are eligible for IRPM discounts.

At Green Business Insurance, Inc. we work to make all transactions transparent between policyholder and insurance company.  Our clients receive all premium discounts that have been earned to ensure the premium paid is a reflection of the risk taken by the insurance company.